Realists Argue That States Are Focused on Relative Gains Because

question 38

Multiple Choice

Realists argue that states are focused on relative gains because

• A) they want to cooperate in order to gain as much as possible for themselves.
• B) a relative loss makes them more susceptible to attack.
• C) they are not concerned with economic power.
• D) they do not think they can cooperate.

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Definitions:

IFRS

International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to bring consistency to accounting language, practices, and statements globally.

Reserves

Funds or assets set aside to cover future expenses, losses, or liabilities.

Asset Revaluations

The process of adjusting the book value of a company's assets to reflect their current market values.

Stated Value

A value assigned to no-par value stock by the company's board of directors, used as a basis for accounting and financial reporting.